Tags: LT | Brazil | Corruption Probe

Ex-exec: Paid Millions in Bribes to Brazil President Party

Ex-exec: Paid Millions in Bribes to Brazil President Party

Thursday, 13 April 2017 09:38 AM EDT

SAO PAULO (AP) — A former construction executive says his company paid $40 million to Brazilian President Michel Temer's party and another party to ensure a contract with the state oil company.

In plea bargain testimony released late Wednesday, Marcio Faria says he was in a meeting with Temer and other politicians to "bless" the deal in 2010. Faria said no figures were discussed at the meeting, but the deal was clear: Odebrecht would pay the Brazilian Democratic Movement Party 5 percent of the value of a pending contract with Petrobras. That amounted to around $40 million.

Faria says Temer's party later decided to cut in the Workers' Party. At the time, Temer was the vice-presidential candidate on a ticket with Workers' Party presidential candidate Dilma Rousseff.

Temer's office denies the accusations.

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TheAmericas
A former construction executive says his company paid $40 million to Brazilian President Michel Temer's party and another party to ensure a contract with the state oil company.In plea bargain testimony released late Wednesday, Marcio Faria says he was in a meeting with...
LT,Brazil,Corruption Probe
131
2017-38-13
Thursday, 13 April 2017 09:38 AM
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